Profiting From Carnival's Storm

As Carnival's broken ship, Triumph, is towed to shore after a fire turned a cruise into a dystopian horror for thousands of passengers, investors are preparing for the stock to suffer a similar fate.

With Carnival Corp. (ticker: CCL) shares just a few dollars below the 52-week high of $39.95, bearish options trading is exploding beneath the market's surface in anticipation the stock will decline and earnings will stall.